Curated OER
The Theory of Comparative Advantage
Students take a closer look at comparative advantage. In this economics lesson, students discover details about opportunity cost, comparative advantage, and absolute advantage. Students participate in a simulation that requires them to...
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Inside the Vault-Entrepreneurship
Students explore entrepreneurship. In this economic study instructional activity, students take a pretest on attitudes, review characteristics that make up an entrepreneur, review a list of famous entrepreneurs, and create a 5 minute...
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The International Way of Thinking
In this International Way of Thinking instructional activity, students write answers to questions about basic economic concepts as well as using a chart about production.
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The Hatfields and the McCoys
In this Hatfields and McCoys learning exercise, students read a short passage and then answer questions and solve problems based on the reading.
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Trade -- Lesson Plan on the Theory of Comparative Advantage
Twelfth graders examine the theory of comparative advantage. They read an article about globalization and trading to answer questions promoted by the teacher. They develop their own examples of comparative advantage.
Curated OER
Lesson Plan on the Theory of Comparative Advantage
Twelfth graders practice using new vocabulary related to economics. They discover how to calculate comparative and absolute advantage. They also read different articles about the topic.